BROWSE

Dead Hand Provision

What is 'Dead Hand Provision'

A stipulation on a defense mechanism (or poison pill) used by companies in order to protect against a merger or takeover by another company. The dead hand provision prevents the removal of the poison pill, a strategy used to discourage a hostile takeover, even if shareholders of the target company favor the takeover.

Explaining 'Dead Hand Provision'

A dead hand provision states that only the original directors who put the provision into place can dismantle the pill, so any new directors are prevented from interfering.


Further Reading


Death Toll for the Dead Hand: The Survivability of the Dead Hand Provision in Corporate America
heinonline.org [PDF]
… 16 See Jeffrey N. Gordon, "Just Say Never?" Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett, 19 CARDoZO L. REv … 65 637 A.2d 34 (Del. 1994). [V/ol. 48 Page 11. DEATH TOLL FOR THE DEAD HAND …

Is There Power Behind the Dead Hand? An Empirical Investigation of Dead Hand Poison PillsIs There Power Behind the Dead Hand? An Empirical Investigation of Dead Hand Poison Pills
papers.ssrn.com [PDF]
… 16 See Jeffrey N. Gordon, "Just Say Never?" Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett, 19 CARDoZO L. REv … 65 637 A.2d 34 (Del. 1994). [V/ol. 48 Page 11. DEATH TOLL FOR THE DEAD HAND …

Dead Hand Proxy Puts, Hedge Fund Activism, and the Cost of CapitalDead Hand Proxy Puts, Hedge Fund Activism, and the Cost of Capital
papers.ssrn.com [PDF]
… 16 See Jeffrey N. Gordon, "Just Say Never?" Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett, 19 CARDoZO L. REv … 65 637 A.2d 34 (Del. 1994). [V/ol. 48 Page 11. DEATH TOLL FOR THE DEAD HAND …

Katrina: Private enterprise, the dead hand of the past, and weather socialism; an analysis in economic geographyKatrina: Private enterprise, the dead hand of the past, and weather socialism; an analysis in economic geography
www.tandfonline.com [PDF]
… 16 See Jeffrey N. Gordon, "Just Say Never?" Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett, 19 CARDoZO L. REv … 65 637 A.2d 34 (Del. 1994). [V/ol. 48 Page 11. DEATH TOLL FOR THE DEAD HAND …

Dead Hands-Poison Catalyst of Strength-Enhancing Megavitamin--An Analysis of the Benefits of Managerial Protection and the Detriments of Judicial InterferenceDead Hands-Poison Catalyst of Strength-Enhancing Megavitamin--An Analysis of the Benefits of Managerial Protection and the Detriments of Judicial Interference
heinonline.org [PDF]
… 16 See Jeffrey N. Gordon, "Just Say Never?" Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett, 19 CARDoZO L. REv … 65 637 A.2d 34 (Del. 1994). [V/ol. 48 Page 11. DEATH TOLL FOR THE DEAD HAND …

Preventing control from the grave: A proposal for judicial treatment of dead hand provisions in poison pillsPreventing control from the grave: A proposal for judicial treatment of dead hand provisions in poison pills
www.jstor.org [PDF]
… 16 See Jeffrey N. Gordon, "Just Say Never?" Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett, 19 CARDoZO L. REv … 65 637 A.2d 34 (Del. 1994). [V/ol. 48 Page 11. DEATH TOLL FOR THE DEAD HAND …

Just Say Never-Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren BuffettJust Say Never-Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett
heinonline.org [PDF]
… 16 See Jeffrey N. Gordon, "Just Say Never?" Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett, 19 CARDoZO L. REv … 65 637 A.2d 34 (Del. 1994). [V/ol. 48 Page 11. DEATH TOLL FOR THE DEAD HAND …

Precommitment Strategies in Corporate Law: The Case of Dead Hand and No Hand PillsPrecommitment Strategies in Corporate Law: The Case of Dead Hand and No Hand Pills
heinonline.org [PDF]
… 16 See Jeffrey N. Gordon, "Just Say Never?" Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett, 19 CARDoZO L. REv … 65 637 A.2d 34 (Del. 1994). [V/ol. 48 Page 11. DEATH TOLL FOR THE DEAD HAND …

The dead hand of the Treasury: The economic and social development of the Trucial States, 1948–60The dead hand of the Treasury: The economic and social development of the Trucial States, 1948–60
www.tandfonline.com [PDF]
… 16 See Jeffrey N. Gordon, "Just Say Never?" Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett, 19 CARDoZO L. REv … 65 637 A.2d 34 (Del. 1994). [V/ol. 48 Page 11. DEATH TOLL FOR THE DEAD HAND …

Dead Hand Proxy Puts and Shareholder ValueDead Hand Proxy Puts and Shareholder Value
www.jstor.org [PDF]
… 16 See Jeffrey N. Gordon, "Just Say Never?" Poison Pills, Deadhand Pills, and Shareholder-Adopted Bylaws: An Essay for Warren Buffett, 19 CARDoZO L. REv … 65 637 A.2d 34 (Del. 1994). [V/ol. 48 Page 11. DEATH TOLL FOR THE DEAD HAND …


Leave a Reply

Your email address will not be published. Required fields are marked *